Sunday, November 23, 2014

Claddagh Motel in Rockport, Maine sees steady, very strong increases in revenue!

The financial performance of Claddagh Motel in Rockport, Maine is so strong, the owners are obviously doing things right. They've seen a steady increase in the past several years: up 6% from 2011 to 2012, 16% increase from 2012 to 2013 and then another 15% from 2013 to 2014. 2014 has been their best year ever. The cash flow here is among the best I've seen of anything in its price range, particularly for a seasonal business! Contact me for more details and check out the full listing on my website.

Thursday, November 13, 2014

New Price on Abbington's Seaview Motel and Cottages in Lincolnville, Maine

Just a few miles from Camden and Lincolnville Beach, Abbington's had previously been offered at $299,000 PLUS $75,000 for the two vacant lots. Now the vacant lots are included in the list price of $299,000! The two parcels are shown below (not to scale) and serve as a buffer between the adjacent properties. Units can be added subject to septic design, setbacks and town approval. More details are on my website.